Business – Page 143 – Arab Daily Digital

SoftBank offloads its VC arm

The acquisition comes after SoftBank and its Vision Fund registered huge financial losses amid the overall slump in the world of technology…reports Asian Lite News Japanese investment giant SoftBank is selling one

14 April 2023

Business·India News

Intel, ARM strike ‘chip’ deal

Intel is currently investing in leading-edge manufacturing capacity around the world to serve sustained long-term demand for chips….reports Asian Lite News In a significant move, chip-maker Intel on Wednesday said it will

14 April 2023

Business·Technology·World News

Mounting Losses & Piling Debt Crippling PIA

Reports from the Pak news outlet ARY put the tax debts of PIA at over $1.4 billion. The carrier has even asked for a government bailout to the tune of $157 million

13 April 2023

Asia News·Business·World News

Raj Neervannan-cofounded AlphaSense keen on India

Headquartered in New York City, AlphaSense employs over 1,000 people across offices in the US, the UK, Finland, Germany, and India….reports Asian Lite News Market intelligence and search platform AlphaSense, co-founded by

13 April 2023

Business·India News·USA

EY U-turns on ‘Project Everest’

The plan came as regulators called for major industry reforms over conflict of interest and poor working practices…reports Asian Lite News Accounting firm EY has called off its plan called ‘Project Everest’

13 April 2023

Business·Economy

Hyundai’s EV plans are getting bigger

The move is in line with global carmakers’ plans to fill their lineups with zero-emission vehicles to help slow the pace of global warming….reports Asian Lite News Hyundai Motor Group said on

12 April 2023

Business·Tech Lite·Technology

Tim Cook set to unveil India’s first Apple store

Reports surfaced earlier this year that Cook-led Apple will quickly shift some of its China manufacturing to India and Vietnam in the next 2-3 years…reports Asian Lite News As Apple firms up

12 April 2023

Business·India News

e& to acquire majority stake in Careem Super App

e& is investing $400m to become a majority shareholder in Careem’s Super App alongside Uber and all three of Careem’s co-founders…reports Asian Lite News e& has announced the signing of a binding

11 April 2023

-Top News·Business·UAE News

US-based Frigidaire forays into Indian market

The company said that Frigidaire, in its maiden venture into the Indian market, will launch its advanced and highly effective air conditioners…reports Asian Lite News US-based consumer electronics manufacturer, Frigidaire on Monday

11 April 2023

Business·USA

Global PC market shrinks 29%

Lenovo led the global PC market with 22.4 per cent market share, followed by HP Inc at 21.1 per cent and Dell Technologies at 16.7 per cent….reports Asian Lite News Weak demand,

11 April 2023

Business·Tech Lite·Technology

Business - Page 143